[ 3 / biz / cgl / ck / diy / fa / ic / jp / lit / sci / vr / vt ] [ index / top / reports ] [ become a patron ] [ status ]
2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance

View post   
File: 11 KB, 402x306, worldpopgr.gif [View same] [iqdb] [saucenao] [google]
10271598 No.10271598 [Reply] [Original]

Our economy is based on growth. What happens if that growth reverses, or a global event like war or disease significantly reduces population?
If we do not have growth, the entire debt based fractional reserve global economy will become insolvent.
Is this why precious metals was so much more valued in the past compared to modern times?
If societies/economies collapse, how do we preserve value?

>> No.10271609

>>10271598
fuck off commie

>> No.10271633

This is why there will never be another world war. Cap this. It's the only thing capitalism is good for.

>> No.10271634
File: 204 KB, 968x634, boomers.png [View same] [iqdb] [saucenao] [google]
10271634

thats the scam by boomers bro. inflate everything to shit starting from the end of ww2 and shift all the risk onto future generations while they take all the benefit. fuck boomers

>> No.10271644

>>10271609
How many children do you have?
How many children do you plan on having?
If that number is less than 3, why do you trust other people to do different?

>> No.10271655

mobility and information technology allowed such a spike
information is the new gold
would have to vanish to revert
not probable that it will
unrealistic scenario

>> No.10271656

>>10271598
Our economy is a tightly managed house of cards. More jobs than job seekers and no inflation? Thank your hebrew overlords, friend.

>> No.10271679

From this perspective. Suddenly, we realize why globalists/the elite/jews/whoever you want to call them are such staunch advocates for immigration. Immigration is their last gasp of economic growth, because those below the middle class aren't having children anymore to keep the wheel turning.

>> No.10271796

The growth is due to the Industrial Revolution - engine/turbine, coal/oil, and the means to educate people via printed books.

>> No.10272215

The underlying issue is wealth distribution, not in the sense of how it is distributes right now, but how it concentrates over time and how it is generated.
There is no way that you could call it fair that having capital is the surefire way to quality of life and a decent standard of living while a growing proletariat wageslaves away in dead-end jobs slightly above minimum wage and the further up the chain a few Boomers that opened a sandwich shop 50 years ago profit off the economic deprivation of millions of people below them.

This has to end and this is why we need socialism in the long run, not only to fight inequality but also address climate change and international legislation in any meaningful manner.

>> No.10272308

>>10271598
Using precious metals as currency only works in functioning societies. In total collapse, basic necessities would have the most value.